WTFC Earnings Prediction
The chart below shows how WTFC performed 10 days before and after its earnings report, based on data from the past quarters. Typically, WTFC sees a -3.76% change in stock price 10 days leading up to the earnings, and a -0.33% change 10 days following the report. On the earnings day itself, the stock moves by +0.08%. This data can give you a slight idea of what to expect for the next quarter's release.
WTFC Key Earning Data
WTFC Earnings Analysis
Positive
Net Income Increase: Record net income of $695 million for the year, up over 11.5% from 2023, reflecting solid growth and a stable net interest margin.
Record Net Interest Income Growth: Q4 net interest income increased by 4.5% quarter over quarter and almost 12% year-over-year, reaching a record high amount of quarterly net interest income.
Loan and Deposit Growth: Loan growth for Q4 was $1 billion, representing an 8% annualized growth rate, while deposit growth was approximately $1.1 billion, or 9% annualized.
Asset Growth and Stability: Total assets grew by approximately $1.1 billion to $64.9 billion, with risk-based capital ratios remaining stable or slightly increasing due to strong earnings.
Improved Credit Quality: Non-performing loans decreased from $180 million to $171 million, with charge-offs down from $26.7 million to $15.9 million, indicating improved credit quality.
Negative
Acquisition Costs Impact: Acquisition-related costs totaled approximately $1,800,000, negatively impacting overall financial performance for the quarter.
Security Loss Impact: Security losses amounted to approximately $2,800,000, contributing to a decline in net income.
Mortgage Banking Revenue Loss: Unfavorable fair value mortgage banking revenue marks resulted in a loss of $1,500,000, reflecting challenges in the mortgage sector.
Increased Non-Interest Expenses: Total non-interest expenses increased by approximately $7,900,000 from the previous quarter, primarily due to higher costs associated with the Makatawa Bank acquisition.
Mortgage Banking Revenue Decline: Operational mortgage banking revenue decreased by approximately $1,000,000 in the 4th quarter compared to the prior quarter, indicating a slowdown in mortgage activity.
WTFC FAQs
How does WTFC typically perform around its earnings report dates?
WTFC's stock performance around earnings reports can vary, but historical data shows specific patterns, such as a -3.76% change leading up to the report and a -0.33% change in the 10 days following the release.
Is Wintrust Financial Corp (WTFC) Q4 2024 Earnings Call Summary positive or negative?
How can historical earnings data help predict future stock performance?
WTFC Earning Call Sentiment
Earnings call transcript: Wintrust Q4 2024 beats EPS forecast, stock dips
WTFC.O
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